About Sandy Spring Bancorp (NASDAQ:SASR)

Sandy Spring Bancorp, Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three segments: Community Banking, Insurance and Investment Management. The Company's Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. As of December 31, 2016, the Bank conducted commercial banking business through 44 community offices and six financial centers located in Central Maryland, Northern Virginia and Washington D.C.

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Sandy Spring Bancorp (NASDAQ:SASR) Frequently Asked Questions

What is Sandy Spring Bancorp's stock symbol?

Sandy Spring Bancorp trades on the NASDAQ under the ticker symbol "SASR."

How often does Sandy Spring Bancorp pay dividends? What is the dividend yield for Sandy Spring Bancorp?

Sandy Spring Bancorp announced a quarterly dividend on Wednesday, January 31st. Investors of record on Wednesday, February 14th will be paid a dividend of $0.26 per share on Wednesday, February 21st. This represents a $1.04 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Tuesday, February 13th. View Sandy Spring Bancorp's Dividend History.

How were Sandy Spring Bancorp's earnings last quarter?

Sandy Spring Bancorp Inc. (NASDAQ:SASR) announced its quarterly earnings data on Thursday, January, 18th. The bank reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.01. The bank had revenue of $55.79 million for the quarter, compared to analysts' expectations of $56.21 million. Sandy Spring Bancorp had a return on equity of 10.87% and a net margin of 21.63%. The business's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. View Sandy Spring Bancorp's Earnings History.

Has Sandy Spring Bancorp been receiving favorable news coverage?

Headlines about SASR stock have trended positive this week, Accern reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sandy Spring Bancorp earned a media sentiment score of 0.25 on Accern's scale. They also assigned news stories about the bank an impact score of 44.40 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Which major investors are selling Sandy Spring Bancorp stock?

SASR stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Goldman Sachs Group Inc., Banc Funds Co. LLC, Robeco Institutional Asset Management B.V., Bowling Portfolio Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC and American Century Companies Inc.. Company insiders that have sold Sandy Spring Bancorp company stock in the last year include Joe Reeder, Joseph S Bracewell, Ronda M Mcdowell and Shaza L Andersen. View Insider Buying and Selling for Sandy Spring Bancorp.

How do I buy shares of Sandy Spring Bancorp?

Shares of SASR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sandy Spring Bancorp's stock price today?

One share of SASR stock can currently be purchased for approximately $39.46.

How big of a company is Sandy Spring Bancorp?

Sandy Spring Bancorp has a market capitalization of $1.42 billion and generates $246.04 million in revenue each year. The bank earns $53.20 million in net income (profit) each year or $2.20 on an earnings per share basis. Sandy Spring Bancorp employs 754 workers across the globe.

MarketBeat Community Rating for Sandy Spring Bancorp (SASR)

MarketBeat's community ratings are surveys of what our community members think about Sandy Spring Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Sandy Spring Bancorp (NASDAQ:SASR) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.